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Jim in CT 01-24-2020 11:22 AM

student loan forgiveness
 
Does anyone think this is a good idea?

A guy spoke to Liz Warren yesterday, asking how it's fair that he just got done working two jobs to pay off his daughters education, now he'll be asked to pay for the children of other folks who didn't act as responsibly as he did?

She had no answer.

What about kids who choose not to go to college, why should they be forced to pay foe someone else's college education? It's a choice. Can't we all be responsible for the choices we choose to make?

wdmso 01-24-2020 02:59 PM

it should be tied to public services or military or your school closes on you

this was an interesting read student loan https://www.americanprogress.org/iss...ent-loan-debt/


so 1.5 trillion in student debt

The Pentagon made $35 trillion in accounting adjustments last year alone

Based on that! I think budget wouldn't even notice writing off 1.5 trillion

warren should have told that father were trying to do better for all Americans sorry you missed the boat

scottw 01-24-2020 03:03 PM

I think you have your facts confused. 35 trillion is the number of lies trump has told since his inauguration
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FishermanTim 01-24-2020 03:12 PM

Just one more in a string of many ploys by the Dems to try and "buy" votes of people that were stupid enough to waste too much money on a college education that taught them nothing more than how to be a democrat...

Does Warren have the typical "5-8 year plan" that automatically (and arrogantly) implies that she will be re-elected???

Jim in CT 01-24-2020 03:32 PM

Quote:

Originally Posted by FishermanTim (Post 1184571)
Just one more in a string of many ploys by the Dems to try and "buy" votes of people that were stupid enough to waste too much money on a college education that taught them nothing more than how to be a democrat...

Does Warren have the typical "5-8 year plan" that automatically (and arrogantly) implies that she will be re-elected???

I can't believe that the marketplace hasn't fixed this craziness by itself. Unless you happen to come from wealth, why is ANYONE going hundreds of thousands of dollars into debt, unless you gat a degree guaranteed to pay off (medicine, law, engineering, finance, healthcare, etc). Paying $200,000 to get a liberal arts degree from a second rate private school? Who is doing that, and why?

JohnR 01-24-2020 03:32 PM

Quote:

Originally Posted by wdmso (Post 1184565)
it should be tied to public services or military or your school closes on you

this was an interesting read student loan https://www.americanprogress.org/iss...ent-loan-debt/


so 1.5 trillion in student debt

The Pentagon made $35 trillion in accounting adjustments last year alone

Based on that! I think budget wouldn't even notice writing off 1.5 trillion

warren should have told that father were trying to do better for all Americans sorry you missed the boat

Did they do their entire budget from last year over 50 times?

The Pentagon has never HAD 35 Trillion dollars.

wdmso 01-26-2020 12:14 PM

Quote:

Originally Posted by JohnR (Post 1184575)
Did they do their entire budget from last year over 50 times?

The Pentagon has never HAD 35 Trillion dollars.


I know not sure how you move or adjust 35 trillion dollars of a $738 billion. budget

seabuggy 01-26-2020 12:35 PM

The problem lies with the colleges. These guys get too much money for the courses they teach. Colleges pay all workers too much. Adjunct professors are part time and should get part time wages. Why do we pay failed politicians millions to run state colleges? Pocahontas says 2cents thats all it will take! Only Shiff, Nadler, and Pelosi would believe that. Dumb Dems one and all.

Pete F. 01-26-2020 01:11 PM

Notice nowhere in here does it say teachers need to work for free or any other socialist agenda item.

Student scholarships are based on a formula. The government pays a certain percentage and the college and students pay the rest. Colleges, even though they may be “not-for-profit” MUST in fact make a profit. If they do not, they cease to exist. They must pay their costs and they must reinvest. Part of the reinvestment goes to scholarships.

To maximize profit, colleges increase the asking price for tuition way beyond reason. That way the formula works best for them — they maximize the amount of money they get from the government. When the smoke clears, very few students pay the full tuition, and the college ends up with a lot more money. Everyone (mostly) wins, except the taxpayers.

Also, students in the USA (unlike in other countries) have come to expect MUCH more from college than just education. They want an active social life, a luxurious (or at least very comfortable) room in the domitory, high quality food in the cafeteria, lots of fun sports, fraternities and sororities—FUN, FUN, FUN. They also want a beautiful campus with lots of lovely buildings and state of the art equipment, etc. All of this is expensive.

Can we significantly lower the cost of higher education? Absolutely. Eliminate all the frills and provide high quality teaching—ONLY. Nothing else. Do some or all teaching online (teaching online has become very sophisticated and very effective). This eliminates the need for huge costly campuses that require massive maintenance. A single building where administration resides, some classrooms are available, and testing is done should be enough. And eliminate the formula for government subsidies for tuition. Give students a fixed sum instead of a percentage to help with tuition.

Sea Dangles 01-26-2020 01:33 PM

Great idea.
We will simply close all these fancy campuses and immerse ourselves at the U of Phoenix.
Progressive logic at its finest.
🤡🤡🤡
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Jim in CT 01-26-2020 03:37 PM

Quote:

Originally Posted by seabuggy (Post 1184711)
The problem lies with the colleges. These guys get too much money for the courses they teach. Colleges pay all workers too much. Adjunct professors are part time and should get part time wages. Why do we pay failed politicians millions to run state colleges? Pocahontas says 2cents thats all it will take! Only Shiff, Nadler, and Pelosi would believe that. Dumb Dems one and all.

^ bingo. most people have no idea how much professors make, and how few hours they work. it’s a racket. but it’s also very favorable to liberalism, so they media isn’t going to go near it.
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The Dad Fisherman 01-26-2020 03:44 PM

If you’re going to take out loans for college, you should really make sure your degree will translate to employment upon graduation.
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Jim in CT 01-26-2020 04:01 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1184721)
If you’re going to take out loans for college, you should really make sure your degree will translate to employment upon graduation.
Posted from my iPhone/Mobile device

or your parents should make sure.
Posted from my iPhone/Mobile device

The Dad Fisherman 01-26-2020 04:07 PM

Quote:

Originally Posted by Jim in CT (Post 1184723)
or your parents should make sure.
Posted from my iPhone/Mobile device

You’re 18, it’s on you.
Posted from my iPhone/Mobile device

Pete F. 01-26-2020 04:44 PM

Quote:

Originally Posted by Sea Dangles (Post 1184716)
Great idea.
We will simply close all these fancy campuses and immerse ourselves at the U of Phoenix.
Progressive logic at its finest.
🤡🤡🤡
Posted from my iPhone/Mobile device

Are you going to be the one who chooses which campuses survive?
Do you think we the People should continue to support inefficient education delivery methods?
That if the funding method changes and it is changing, that inefficient, ineffective or unendowed schools won’t close?

Just what stroke of Trumplican Genius would you apply?
Or is it like healthcare and you believe that access to education is not an important part of a stable vibrant society either?
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device

Jim in CT 01-26-2020 06:07 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1184724)
You’re 18, it’s on you.
Posted from my iPhone/Mobile device

i hear you, but the average 18 year old high school senior has zero real world experience, therefore zero wisdom.
Posted from my iPhone/Mobile device

Sea Dangles 01-26-2020 06:29 PM

Quote:

Originally Posted by Pete F. (Post 1184725)
Are you going to be the one who chooses which campuses survive?
Do you think we the People should continue to support inefficient education delivery methods?
That if the funding method changes and it is changing, that inefficient, ineffective or unendowed schools won’t close?

Just what stroke of Trumplican Genius would you apply?
Or is it like healthcare and you believe that access to education is not an important part of a stable vibrant society either?
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device

What happens in my house is we do without in order to finance education. I assume the schools are efficient but,like everyone else there are no guarantees of employment. So far the formula is working at home as my sons had a job upon graduating, they pay taxes and have benefits and are trying to insure a secure future for themselves.
I am not sure why I would be anointed as the person who chooses which schools survive. Odd question to be honest... Oh, and well done with the Trump mention.🤡
We,as a family have been able to help send many inner city underprivileged kids to private high school. That’s known as putting the money where the mouth is and making a difference. You,like to stir crap about our President on line and are progressive enough to embrace socialism. Keep up the good work.
You are showing signs of mental fatigue, rest is coming soon.👍🏿
Posted from my iPhone/Mobile device

The Dad Fisherman 01-26-2020 07:43 PM

Quote:

Originally Posted by Jim in CT (Post 1184731)
i hear you, but the average 18 year old high school senior has zero real world experience, therefore zero wisdom.
Posted from my iPhone/Mobile device

You can guide, but in the end it's on them.
Posted from my iPhone/Mobile device

Pete F. 01-26-2020 08:22 PM

Quote:

Originally Posted by Sea Dangles (Post 1184733)
What happens in my house is we do without in order to finance education. I assume the schools are efficient but,like everyone else there are no guarantees of employment. So far the formula is working at home as my sons had a job upon graduating, they pay taxes and have benefits and are trying to insure a secure future for themselves.
I am not sure why I would be anointed as the person who chooses which schools survive. Odd question to be honest... Oh, and well done with the Trump mention.🤡
We,as a family have been able to help send many inner city underprivileged kids to private high school. That’s known as putting the money where the mouth is and making a difference. You,like to stir crap about our President on line and are progressive enough to embrace socialism. Keep up the good work.
You are showing signs of mental fatigue, rest is coming soon.👍🏿
Posted from my iPhone/Mobile device

All 5 of my kids are employed, all went to college, 3 graduated, 2 bagged it and did other things. The oldest who traditional school was not a fit for is one of the more “successful” of them, he’s in the trades and has a number of licenses. Had to take classes, but not from the typical education professional. I spent a number of years employed at a college, now among the deceased, and have a little idea of how they work. Even though as a never Trumper you identify me as a socialist or liberal, I was told to not publicize that I was a Republican.
Actually I never worried about it, of course it was decades before the Trumplican administration and things were not nearly as polarized.
I did find there was a total lack of honesty and don’t blame it on any political party, since for the most part administration and alumni relations is on the right side of the spectrum, professors tend to range to the left depending on how artsy there subject is.
We as a society need to change the way we approach higher ed, saying we did whatever, while it worked in your circumstance, doesn’t help move this society in a beneficial direction.
Apparently that labels me as a socialist, if so I’ll gladly take that label as opposed to a Trumplican who seems to be driven by fear of almost everything.
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device

Sea Dangles 01-26-2020 08:38 PM

I will not be the one to try and reinvent the wheel when it comes to education. However,there is merit in the term “ knowledge is power”. Unfortunately, the disparity in the party loyalty statistics in regards to professors has made it so they feel comfortable to share their liberal views. The statistics are truly lopsided. These are the folks who you seem to resent as they are well compensated for their efforts resulting in higher fees for education. Conversely, they represent a thriving middle class that you pretend does not exist. My advice is to pick your battles.
Posted from my iPhone/Mobile device

Pete F. 01-27-2020 12:05 AM

Quote:

Originally Posted by Sea Dangles (Post 1184744)
I will not be the one to try and reinvent the wheel when it comes to education. However,there is merit in the term “ knowledge is power”. Unfortunately, the disparity in the party loyalty statistics in regards to professors has made it so they feel comfortable to share their liberal views. The statistics are truly lopsided. These are the folks who you seem to resent as they are well compensated for their efforts resulting in higher fees for education. Conversely, they represent a thriving middle class that you pretend does not exist. My advice is to pick your battles.
Posted from my iPhone/Mobile device

I was taught to fix flat tires, driving on them ends up costing more.
Maybe you have a different perspective
Posted from my iPhone/Mobile device

Sea Dangles 01-27-2020 07:17 AM

Quote:

Originally Posted by Pete F. (Post 1184753)
I was taught to fix flat tires, driving on them ends up costing more.
Maybe you have a different perspective
Posted from my iPhone/Mobile device

You seem vulnerable and insecure enough to wait for roadside assistance rather than get your hands dirty.
Posted from my iPhone/Mobile device

Duke41 01-27-2020 08:04 AM

How about just lowering the interest rates to just enough to cover expenses and then offer a tax write-off. I am fairly certain that if a socialist like Bernie or Warren get elected the only thing that will pass will be a tax write-off.

FishermanTim 01-29-2020 01:24 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1184721)
If you’re going to take out loans for college, you should really make sure your degree will translate to employment upon graduation.
Posted from my iPhone/Mobile device

Exactly!

Here's 2 examples of the right and wrong way to do it.

1. A friend went to BU for a degree in broadcasting.
When she braduated the only job she could get was as a cashier in a supermarket. That was back in the 80's

2. My younger sister went to UMASS Amherst (and xfer'd to UMASS Boston where she went to get her nursing degree.
While she was going to college she worked at Brigham's & Women's hospital as a nursing assistant. She did not take summers off, and graduated in 3 years with her degree. Because she was working while going to school she graduated owing NOTHING. When she graduated the hospital offered her a nice salary and a job as a nurse in Oncology.


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